XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
CNY (¥)
¥ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2015
CNY (¥)
¥ / shares
shares
Revenues            
Trading and manufacturing | $ $ 11,001   $ 13,721   $ 12,256  
Engineering | $ 6,349   8,757   6,046  
Total revenues | $ 17,350   22,478   18,302  
Cost of revenues            
Trading and manufacturing | $ (8,563)   (11,331)   (9,577)  
Engineering | $ (4,374)   (6,196)   (4,682)  
Total cost of revenues | $ (12,937)   (17,527)   (14,259)  
Gross profit | $ 4,413   4,951   4,043  
Finance costs | $ (11)   (19)   (4)  
Selling and administrative expenses | $ (4,976)   (5,602)   (5,997)  
Operating (loss) / income | $ (574)   (670)   (1,958)  
Interest income | $ 24   18   45  
Other (losses) / income, net | $ (14)   5   9  
Gain on disposal of property, plant and equipment | $ 0   7   0  
(Loss) income before income taxes, equity in income of affiliates and non-controlling interests | $ (564)   (640)   (1,904)  
Income taxes (expense) / credit | $ (28)   (228)   47  
Net gain on deemed disposal of affiliate | $ 128   24   0  
Equity in income of affiliates | $ 831   1,002   850  
Net profit / (loss) for the year | $ 367   158   (1,007)  
Add / less: net loss attributable to non-controlling interest | $ 106   73   391  
Net profit / (loss) attributable to the Company | $ 473   231   (616)  
Other comprehensive income / (loss)            
Net profit / (loss) | $ 367   158   (1,007)  
Foreign exchange translation adjustments | $ 122   4   (63)  
Comprehensive income / (loss) | $ 489   162   (1,070)  
Add / less: Comprehensive loss attributable to non-controlling interest | $ 45   127   477  
Comprehensive income / (loss) attributable to the Company | $ $ 534   $ 289   $ (593)  
Net income / (loss) per ordinary share            
- Basic | $ / shares $ .23   $ .11   $ (.30)  
- Diluted | $ / shares $ .23   $ 0.11   $ (0.30)  
Weighted average number of ordinary shares outstanding            
- Basic | shares 2,061,909 2,061,909 2,061,909 2,061,909 2,063,738 2,063,738
- Diluted | shares 2,061,909 2,061,909 2,061,909 2,061,909 2,063,738 2,063,738
ZHEJIANG TIANLAN            
Revenues            
Total revenues   ¥ 422,323   ¥ 289,086   ¥ 419,275
Cost of revenues            
Total cost of revenues   (339,488)   (202,869)   (331,875)
Gross profit   82,835   86,217   87,400
Selling and administrative expenses   (52,713)   (60,528)   (60,702)
Operating (loss) / income   30,122   25,689   26,698
Loss on disposal of a subsidiary   0   (35)   0
Interest income   75   70   166
Interest expenses   (2,037)   (1,577)   (4,710)
Other income, net   1,887   3,456   2,773
(Loss) income before income taxes, equity in income of affiliates and non-controlling interests   30,047   27,603   24,927
Income taxes (expense) / credit   (3,832)   (4,961)   (3,174)
Net profit / (loss) for the year   26,215   22,642   21,753
Add / less: net loss attributable to non-controlling interest   19   586   (82)
Net profit / (loss) attributable to the Company   26,234   23,228   21,671
Other comprehensive income / (loss)            
Comprehensive income / (loss)   26,215   22,642   21,753
Add / less: Comprehensive loss attributable to non-controlling interest   19   586   (82)
Comprehensive income / (loss) attributable to the Company   ¥ 26,234   ¥ 23,228   ¥ 21,671
Net income / (loss) per ordinary share            
- Basic | ¥ / shares   ¥ 0.32   ¥ 0.29   ¥ 0.27
Weighted average number of ordinary shares outstanding            
- Basic | shares 82,539,123 82,539,123 80,744,055 80,744,055 80,172,000 80,172,000
ZHEJIANG JIAHUAN            
Revenues            
Total revenues   ¥ 110,621   ¥ 111,585   ¥ 115,515
Cost of revenues            
Total cost of revenues   (76,788)   (65,304)   (76,473)
Gross profit   33,833   46,281   39,042
Selling and administrative expenses   (33,612)   (35,671)   (30,792)
Operating (loss) / income   221   10,610   8,250
Non-operating income   0   922   0
Non-operating expense   (441)   (1,518)   0
Interest expenses   (1,310)   (2,752)   (3,861)
Other income, net   5,846   4,592   1,408
Other expenses, net   (2)   (5)   0
(Loss) income before income taxes, equity in income of affiliates and non-controlling interests   4,314   11,849   5,797
Income taxes (expense) / credit   (263)   (1,387)   (861)
Net profit / (loss) for the year   4,051   10,462   4,936
Other comprehensive income / (loss)            
Comprehensive income / (loss)   4,051   10,462   4,936
Comprehensive income / (loss) attributable to the Company   ¥ 4,051   ¥ 10,462   ¥ 4,936